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With the rise of the cryptocurrency industry in recent years, various sectors of the digital asset industry, including the industry, continued to grow at exponential rates. DeFi (decentralized
With the rise of the cryptocurrency industry in recent years, various sectors of the digital asset industry, including the industry, continued to grow at exponential rates. DeFi (decentralized finance) and industry GameFi.
According to a report by DappRadar and the Blockchain Game Alliance from the first quarter of 2022, the blockchain gaming industry has seen tremendous growth as the space grew 2,000% last year.
This special report adds that there was $2.5 billion invested in the blockchain playground in the last quarter, which is an investment of up to $4 billion for the industry for the entirety of 2021.
A16z, a venture capital fund investing in crypto and web3 startups, and Dapper Labs, a blockchain company specializing in creating video games, have invested $1.3 billion in GameFi and metaverse technologies.
This demonstrated the interest of venture capital firms in both the GameFi industry and the metaverse.
The likes of Xchange Monster (MXCH) is a new GameFi platform that aims to create an industry sensation and make a lasting impact in the crypto gaming space, just like any other major platform. decentralized (MANA) and sandbox (ANNUAL).
The Xchange Monster (MXCH) ecosystem provides a decentralized payment gateway and exchange platform for users. All this with the goal of becoming the leading cryptocurrency platform for the gaming community and blockchain developers.
The native icon for Xchange Monster is MXCH, which offers several use cases for its community. Multi-crypto-asset trading is one as well as a multi-chain crypto wallet where users can store fiat and cryptocurrencies in the Xchange Monster wallet already integrated with the exchange.
The Xchange Monster exchange also allows its customers to trade cryptocurrencies or digital assets such as digital currencies and traditional fiat money.
The project is also a member of VQA; A financial standards association recognized by the Swiss regulators FINMA (Swiss Financial Market Supervisory Authority).
Xchange Monster’s partnership with VQA ensures that its users feel safe while using the platform.
Like many other cryptocurrencies on the market, decentralized (MANA) suffered a lot in the last accident. However, it has rebounded recently, up more than 2% in the last 24 hours.
As a 3D virtual world browser-based platform, it remains the largest metadata store token in the cryptocurrency industry; even in front MonkeyCoin (EPA) and Theta Network (TETA).
According to some crypto analysts, MANA will reach a price of $1.00 by the end of the year.
As the world’s fourth largest metaverse cryptocurrency, sandbox (SAND) has definitely had a huge impact on the metaverse gaming world.
Despite the 30% drop in the last 30 days, SAND has managed to recover from its weak market form to achieve 2% growth in the last 24 hours. This is at the time of writing this article.
Built on the Ethereum blockchain, The Sandbox is a virtual world where players can create, own and monetize their gaming experiences.
SAND is expected to reach $3.30 by the end of 2022.
For more information go to: pre-sale, Web site, conflict, Telegram Y excitement.
Source: El Nacional
Alice Smith is a seasoned journalist and writer for Div Bracket. She has a keen sense of what’s important and is always on top of the latest trends. Alice provides in-depth coverage of the most talked-about news stories, delivering insightful and thought-provoking articles that keep her readers informed and engaged.
